JPMorgan Chase & Co. has announced the 11th Street Bridge Park as a national winner of its Partnerships for Raising Opportunity in Neighborhoods (PRO Neighborhoods) annual competition. The winning collaborative, led by Building Bridges Across the River in partnership with the Washington Area Community Investment Fund, City First Enterprises and the Skyland Workforce Center, will receive $5 million over the next three years to make strategic investments on goals outlined in the 11th Street Bridge Park’s Equitable Development Plan. The collaborative develops and preserves affordable housing, provides capital to locally-owned small businesses and provides construction training to residents for work on the 11th Street Bridge Park.
The PRO Neighborhoods is part of a larger $10 million, three-year investment to help drive inclusive economic growth in underserved DC neighborhoods, most notably in Wards 7 and 8. This long-term commitment is the firm’s third investment in a major US city. To learn more about JPMorgan Chase & Co. and its community investments, visit jpmorganchase.com.